[Diana in Wisconsin]

Some Doom and Gloom with your Friday Morning Coffee. So GLAD I'm moving to Der Hinterlands next year. Me, Beau, a handful of laying hens and our Milk Cow will be very happy.

YMMV. ;)

[ConservativeDude]

hopefully you have some gold, also?

[Obadiah]

There is no escaping Madistan!

[EBH]

Chinese market mirroring 1929 crash: Analyst
http://www.cnbc.com/2015/08/21/china-market-mirroring-1929-crash-analyst.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=102938122

Chinese stocks are set to fall another 9 percent in the next four or five days and are in danger of replicating the hefty losses seen in the U.S. exchanges in the Wall Street crash of 1929, an analyst has told CNBC.

Thomas DeMark, founder and CEO of DeMark Analytics, told CNBC Friday that the current turmoil on the Shanghai Composite index is already on course to echo the crash of 1987 and 2001, but could still fall even lower.

“That’s what could happen,” DeMark said, detailing the technical analysis that his company use to predict stock market declines.

[grania]

I want to learn more about Egon von Greyerz. This (in my inadequately educated mind) is the most sensible sounding analysis of what probably lies ahead, and why, that I've read.

I'm a Luddite, for sure. I've always felt that globalism is a disaster that can't help but happen. The tidal wave will sink all ships that can't get off that ocean.

JMHO

[Old Sarge]

I miss your tagline?

[LRoggy]

As I’ve said many times on FR before . . . gold and silver will be pretty worthless in his scenario. A safe water supply, food . . . and a good milking cow . . . will be better.

I guess Tyler Durden changed his name to Egon.

[left that other site]

I am so glad I am already broke!

(”When you ain’t got nothin’, you got nothin’ to lose...” Bod Dylan)

[WashingtonSource]

Good grief. The only respite from this dystopian dream is this sentence:

I realise that this forecast sounds very alarmist and like an impossible doomsday scenario. I sincerely hope I will be totally wrong. But sadly the risk that I will be right or at least partly right is major after 100 years of excesses in the world built on no solid foundation but an ocean of debt and printed money.

Since this is on a gold website, you have to take some of it with a grain of salt. However, the potential for a very sharp correction is, I think, out there, and it could get ugly.

[MeneMeneTekelUpharsin]

Bump for the Queens of denial.

[smokingfrog]

Stocks not looking too good yesterday

http://www.chicagotribune.com/business/sns-bc-financial-markets-20150819-story.html

[Cold Heat]

Yep......

I might suggest accumulating some cash on hand. (paper money in small bills $20s, 10s, 5s and 1s...

When the SHTF, the banks will not have any to disburse, or may close for several weeks..

Credit cards will likely not be accepted...

[NYAmerican]

That’s quite an advertisement you’ve posted there. Is your motive simply concern for all of us, or might you have a financial interest in this particular company?

[SkyPilot]

Thank you for the ping.

For the privileged few that have wealth to protect, gold and silver outside the banking system is a must.

And that is why I am convinced that after the crash and before their "reset", the ownership, transfer, possession, sale, storage, and "hoarding" of gold will again be made illegal, just as it was in 1933 - by Exective Order.

And those that resist will swiftly be made an example of, just as before.

[Sam Gamgee]

I have gold but it’s performance is abysmal. Seriously. What will it take to get moving again - an alien invasion? I am on the verge of just selling it all, except there really is nothing else to invest in.

[SkyPilot]

Diana, posting that screen shot of todays Drudge headline to your thread........